Retirement Planning in Lincoln County, SD

What does it take to retire comfortably in Lincoln County? Here are the numbers.

Median Income

$92,317

Retirement Income (80%)

$73,854

Est. Nest Egg Needed

$1,038,575

Cost of Living Index

142

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$73,854
Est. Social Security$32,311

Annual Income Gap$41,543

Housing Costs

Median Rent$1,206/mo
Annual Housing$14,472
Property Tax Rate1.3%

Median Home Value$292,200

About Lincoln County, South Dakota

Lincoln County in South Dakota has a median household income of $92,317 and a homeownership rate of 72.7%. Using the 4% rule, retirees in this county would need approximately $1,038,575 in savings to cover the gap between Social Security and their target retirement income.

These are estimates based on county-level medians. Your actual retirement needs depend on your specific income, expenses, healthcare costs, Social Security benefits, and investment portfolio. Use our calculator for a personalized Monte Carlo analysis.

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Other Counties in South Dakota

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: SSA, BLS. Estimates based on county-level medians and the 4% withdrawal rule. This is not financial advice.